Under Rs 2800 Stocks to Buy in November 2026: 5 Names on the Watchlist

The under Rs 2800 stocks to buy in November 2026 start with five listed names: Endurance Technologies, Mphasis, SRF, Asian Paints and Power Mech Projects. Stocks under Rs 2,800 include an auto parts maker, an IT services company, a chemicals maker, a paint maker and a power services contractor, priced from about Rs 2,247 to Rs 2,507.

This article ranks none of them as a sure thing. It lays out the numbers each company has reported, how the shares are priced today and what an investor should check before adding any of these under Rs 2800 stocks to buy to a portfolio. All prices are NSE closing prices of 4 November 2026, and financials come from company filings.

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Which Are the Best Under Rs 2800 Stocks to Buy in November 2026?

The best under Rs 2800 stocks to buy in November 2026 for a watchlist are Endurance Technologies, Mphasis, SRF, Asian Paints and Power Mech Projects. They were picked because each has complete reported financials, profit in the latest quarter and an NSE listing. The table puts their market data side by side.

Company	CMP (Rs)	Market Cap	P/E	ROE	Dividend Yield
Endurance Technologies	2,507	Rs 32,395 crore	33.40	13.91%	0.50%
Mphasis	2,468	Rs 48,565 crore	25.42	17.34%	2.44%
SRF	2,459	Rs 69,630 crore	30.50	14.92%	0.38%
Asian Paints	2,418	Rs 2,19,177 crore	45.31	20.24%	1.20%
Power Mech Projects	2,247	Rs 6,940 crore	16.51	14.45%	0.07%

On valuation, Power Mech Projects trades below the industry P/E; Endurance Technologies, SRF and Asian Paints sit close to it; Mphasis carries a premium. Valuation is the first filter for any under Rs 2800 stocks to buy list, and it is covered again in the risk section.

Why These Under Rs 2800 Stocks to Buy Are in Focus

Shares around Rs 2,250 to Rs 2,500 sit in a price band with a tight spread, so the list compares easily. The list covers a maker of suspension and braking parts, a banking-focused IT services company, a diversified chemicals maker, India's largest paint maker and an engineering services company for power plants. Investors searching for the best stocks under Rs 2,800 in India should check earnings, valuation and dividends.

Endurance Technologies: The Two-Wheeler Parts Specialist Among Under Rs 2800 Stocks to Buy

Endurance Technologies is a maker of suspension, braking and casting parts for two-wheelers and cars, with a European subsidiary. At Rs 2,507, the stock has a market capitalisation of Rs 32,395 crore and trades at 33.40 times earnings, while the industry P/E is 36.13.

Reported numbers show FY26 revenue of Rs 14,720 crore, up 26.1% year on year, with net profit at Rs 952 crore, up 13.8%. The June 2026 quarter added revenue of Rs 4,348 crore (up 29.6%) and net profit of Rs 245 crore (up 8.0%).

Return on equity is 13.91%, debt-to-equity is 0.19, and the dividend yield is 0.50%. Promoters hold 75.00%, foreign institutions 12.07% and domestic institutions 10.48% as of September 2026. Domestic institutional holding has risen from 9.06% to 10.48% over the last year.

Mphasis: The BFSI-Focused Services Name Among Under Rs 2800 Stocks to Buy

Mphasis is an IT services company focused on banking, financial services and technology clients. Its market capitalisation is Rs 48,565 crore, the share price is Rs 2,468 and the P/E of 25.42 compares with an industry P/E of 18.92.

Over FY26, net profit rose 9.4% to Rs 1,863 crore on revenue of Rs 16,206 crore, which was up 11.9%. The latest quarter, the June 2026 quarter, brought revenue of Rs 4,467 crore, up 17.1% year on year, and net profit of Rs 490 crore, up 10.8%.

Return on equity is 17.34%, debt-to-equity is 0.24, and the dividend yield is 2.44%. Promoters hold 30.53%, foreign institutions 19.39% and domestic institutions 45.85% as of September 2026. Domestic institutional holding has risen from 37.07% to 45.85% over the last year.

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SRF: The Diversified Chemicals Major Among Under Rs 2800 Stocks to Buy

SRF is a diversified maker of fluorochemicals, speciality chemicals, packaging films and technical textiles. The stock trades at Rs 2,459 with a market capitalisation of Rs 69,630 crore and a P/E of 30.50, against an industry P/E of 33.45.

FY26 revenue rose 7.2% to Rs 15,894 crore and net profit rose 46.7% to Rs 1,835 crore. In the September 2026 quarter, revenue grew 34.5% year on year to Rs 4,929 crore, while net profit grew 31.2% to Rs 509 crore.

Return on equity is 14.92%, debt-to-equity is 0.35, and the dividend yield is 0.38%. Promoters hold 50.26%, foreign institutions 15.20% and domestic institutions 22.51% as of September 2026. Domestic institutional holding has risen from 19.53% to 22.51% over the last year.

Asian Paints: The Paint Market Leader Among Under Rs 2800 Stocks to Buy

Asian Paints is India's largest paint maker, with a vast dealer network and a growing home-decor business. At Rs 2,418, the stock has a market capitalisation of Rs 2,19,177 crore and trades at 45.31 times earnings, while the industry P/E is 41.91.

Reported numbers show FY26 revenue of Rs 36,307 crore, up 5.3% year on year, with net profit at Rs 4,395 crore, up 18.5%. The June 2026 quarter added revenue of Rs 10,783 crore (up 18.1%) and net profit of Rs 1,559 crore (up 39.6%).

Return on equity is 20.24%, debt-to-equity is 0.18, and the dividend yield is 1.20%. Promoters hold 52.65%, foreign institutions 13.76% and domestic institutions 19.42% as of September 2026. Foreign institutional holding has risen from 11.64% to 13.76% over the last year.

Power Mech Projects: The Power Services Contractor Among Under Rs 2800 Stocks to Buy

Power Mech Projects is an engineering services company for power plants and infrastructure. Its market capitalisation is Rs 6,940 crore, the share price is Rs 2,247 and the P/E of 16.51 compares with an industry P/E of 21.97.

Over FY26, net profit rose 18.5% to Rs 412 crore on revenue of Rs 6,107 crore, which was up 15.7%. The latest quarter, the June 2026 quarter, brought revenue of Rs 1,632 crore, up 25.1% year on year, and net profit of Rs 89.3 crore, up 10.9%.

Return on equity is 14.45%, debt-to-equity is 0.26, and the dividend yield is 0.07%. Promoters hold 58.42%, foreign institutions 6.34% and domestic institutions 20.76% as of September 2026.

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Growth Snapshot: Latest Full Year and Latest Quarter

The table compares year-on-year growth in revenue and net profit for all five under Rs 2800 stocks, using filed results.

Company	Full-Year Revenue Growth	Full-Year Profit Growth	Latest Quarter	Quarter Revenue Growth	Quarter Profit Growth
Endurance Technologies	26.1%	13.8%	Jun 2026	29.6%	8.0%
Mphasis	11.9%	9.4%	Jun 2026	17.1%	10.8%
SRF	7.2%	46.7%	Sep 2026	34.5%	31.2%
Asian Paints	5.3%	18.5%	Jun 2026	18.1%	39.6%
Power Mech Projects	15.7%	18.5%	Jun 2026	25.1%	10.9%

Factors That Move Under Rs 2800 Stocks to Buy

Four factors tend to drive under Rs 2800 stocks, and each one is worth checking before a purchase.

• Earnings growth: Profit should be rising.
• Sector mix: Auto parts, IT, chemicals, paints and power services differ.
• Dividends: The IT company yields more.
• Valuation: The paint maker trades at a premium.

Risks to Keep in Mind Before Buying Under Rs 2800 Stocks

The first risk is valuation, because the paint maker trades at a higher multiple. The second is that chemicals follow global demand and IT follows client spending. Check results every quarter.

On the numbers, Asian Paints trades at the highest P/E on this list at 45.31, so its earnings need to keep growing to support the price. Under Rs 2800 stocks to buy can still fall when markets turn weak, and a staggered entry has historically suited investors better than a lump-sum purchase.

How to Choose Under Rs 2800 Stocks to Buy

• Check growth: Look at revenue and profit trends.
• Study ROE: Returns show efficiency.
• Review P/E: Compare with the industry.
• Diversify: Mix defensive and cyclical names.

How to Invest in Under Rs 2800 Stocks

1. Shortlist two or three companies from this list that match your risk appetite.
2. Open the Univest Screener and compare P/E, ROE and debt for each stock.
3. Check the latest quarterly results and shareholding pattern on NSE or BSE.
4. Decide an amount you can hold for three to five years and split it into two or three purchases.
5. Review the holding after every quarterly result instead of reacting to daily price moves.

Conclusion

Power Mech Projects offers the lowest P/E on this list at 16.51, Asian Paints has the highest return on equity at 20.24%, and SRF posted the fastest net profit growth in its latest full year at 46.7%. Among the best under Rs 2800 stocks in India, these five give investors a spread of size, valuation and growth, so the right pick depends on risk appetite and holding period. Spread the entry, keep position sizes sensible and consult a SEBI-registered advisor before investing in any of these under Rs 2800 stocks to buy.

Frequently Asked Questions on Under Rs 2800 Stocks to Buy

Which are the best under Rs 2800 stocks to buy in November 2026?

Ans. The five under Rs 2800 stocks on the November 2026 watchlist are Endurance Technologies, Mphasis, SRF, Asian Paints and Power Mech Projects. Power Mech Projects has the lowest P/E at 16.51, Asian Paints has the highest ROE at 20.24%, and SRF grew net profit 46.7% in its latest full year. This is educational content, not investment advice, so please consult a SEBI-registered advisor.

Is Asian Paints a good stock to buy from this Under Rs 2800 list?

Ans. Asian Paints is the largest company on this list with a market capitalisation of Rs 2,19,177 crore and a P/E of 45.31 against an industry P/E of 41.91. Its FY26 revenue rose 5.3% and net profit rose 18.5%, with return on equity at 20.24%. Whether it suits you depends on your risk appetite and holding period, so please consult a SEBI-registered advisor before investing.

Are these under Rs 2800 stocks expensive right now?

Ans. Valuations vary across the group. Endurance Technologies trades at a P/E of 33.40, Mphasis trades at a P/E of 25.42, SRF trades at a P/E of 30.50, Asian Paints trades at a P/E of 45.31, Power Mech Projects trades at a P/E of 16.51, against industry multiples ranging from 18.92 to 41.91. Higher multiples reflect faster growth but also leave less room for earnings misses, so entry price deserves attention.

Which of these under Rs 2800 stocks pay a dividend?

Ans. Dividend yields on this list are Endurance Technologies 0.50%, Mphasis 2.44%, SRF 0.38%, Asian Paints 1.20%, Power Mech Projects 0.07%. Yields differ widely across the group, so check payout history and earnings cover before relying on any of them for income, since payouts can change with company profits.

Which stock on this list has the highest return on equity?

Ans. Asian Paints has the highest ROE on this list at 20.24%, followed by Mphasis at 17.34% and SRF at 14.92%. A higher ROE shows a company earns more profit on shareholder capital, but it should be read alongside valuation and debt.

What are the risks of investing in under Rs 2800 stocks?

Ans. The main risks are premium valuations, global chemicals demand and client spending in IT. On this list, Asian Paints trades at the highest P/E of 45.31, which leaves less room for earnings disappointments. Staggered buying and a long holding period can help manage these risks.

How can I invest in under Rs 2800 stocks in India?

Ans. You can buy these stocks directly on NSE or BSE through a demat account, and compare them first on the Univest Screener using P/E, ROE and debt. Many investors split the amount across two or three purchases and review the holding after each quarterly result. Sector-themed mutual funds and ETFs are another route for investors who prefer diversification.